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Indian markets see a valuation divide in IPOs. Foreign firms LG Electronics India and Tenneco Clean Air India offer attractive pricing. This contrasts with domestic startups like Lenskart and Groww, which launched at high valuations. Investors are now favoring companies with clear profits and good governance. This trend may encourage more global companies to list in India.
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News and Media
As Congress took action to resume government operations, the legislation included a late provision to ban intoxicating hemp products nationwide.
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News and Media
Anand Shah of ICICI Prudential AMC expresses caution on India's IPO market, citing stretched valuations and unrealistic growth assumptions. He believes genuine value lies in established listed companies with proven earnings, strong business moats, and rational pricing, especially amidst a time-correcting market.
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News and Media
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